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Replying to @kimmaicutler
In Marin, we have the same problem. It has to do with lack of developers, not lack of capital. Best strategy is to find new developers who are not motivated by profit. Didn’t Benioff just donate a bunch of money to keep people in their building? That seems like the best approach.
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Maybe you should turn it around and ask yourself why you make it so hard to create housing that no one who builds housing wants to do anything there. Look, a rich guy who wanted to spend $150M (like 15-20X Benioff) on affordable housing in Marinhttps://www.bizjournals.com/sanfrancisco/news/2016/11/10/george-lucas-affordable-housing-marin.html …
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